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Financial Mirror (Cyprus) - - FRONT PAGE -

The NAS­DAQ OMX Group Inc. an­nounced the re­sults of the an­nual rerank­ing of the NAS­DAQ-100 on Mon­day were three com­pa­nies were added: Amer­i­can Air­lines Group Inc. (NAS­DAQ: AAL), Elec­tronic Arts Inc. (NAS­DAQ: EA) and Lam Re­search Corp. (NAS­DAQ: LRCX).

While ex­change traded funds (ETFs) make their ad­just­ments uni­lat­er­ally at the time of the in­dex changes, the re­al­ity is that fund man­agers who track in­dexes of­ten move in ahead of, dur­ing or after an in­dex changes as they see fit.

Amer­i­can Air­lines has seen its shares rally nearly 102% year-to-date. On Mon­day af­ter­noon, shares were up less than 1% at $51.07 and up 1% over the past five days. The stock has a con­sen­sus an­a­lyst price tar­get of $60.79 and a 52-week trad­ing range of $24.63 to $51.88.

Elec­tronic Arts shares have risen about 107% this year. In Mon­day, shares were up less than 1% at $47.77. Also over the past five days, shares rose more than 5%. The con­sen­sus an­a­lyst price tar­get is $45.24, and the 52-week trad­ing range is $21.25 to $48.35.

Lam Re­search shares have had a year-to-date gain of 49%. On Mon­day, shares were up 1.5% at $81.77. Over the past five days, shares have risen about 4%. The con­sen­sus price tar­get of $87.19 com­pares to a 52-week trad­ing range of $48.45 to $85.70.

NAS­DAQ-100 was up less than 0.5% at 4291.36. Over the past five days, the in­dex has risen 3%. The 52-week range on the in­dex is 3,414.11 to 4,347.09.

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